$10,000 invested at 4% for 5 years
Future value
$12,167
Interest earned
$2,167
Total growth
21.6653%
Investing $10,000 at 4% compounded annually for 5 years grows to $12,167. That's $2,167 of compound interest earned on your original $10,000.
FV = $10,000 × (1 + 4%)^5
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